Category: Business

European private equity firm Perwyn is in the process of finalizing a deal to buy a minority stake in French software firm SoftNext, according to people with knowledge of the matter. Source: Bloomberg Markets.

Former Treasury Secretary Lawrence H. Summers warns that President Trump’s “One Big Beautiful Bill” may have serious long-term consequences by expanding deficits and cutting the social safety net. While inflation from President Trump’s policies hasn’t hit yet, Summers cautions that tariffs and debt-driven spending could have delayed effects. He also rejects Trump’s call for 1%…